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||2001 - 2015
As Montenegro formally declared its independence in 2006, it is still in a state of economic transition. Tourism is the fastest growing sector of the economy (12.4 percent a year) and accounted for around 10 percent of GDP in 2011. Mining and manufacturing are also essential, with emphasis on the exports of refined metals. Montenegro does not have its own currency and uses Euro as legal tender. This page provides the latest reported value for - Montenegro GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Content for - Montenegro GDP Annual Growth Rate - was last refreshed on Friday, September 4, 2015.